The Key Players in Residential Stationary Generator Market in US 2015-2019, According to a New Study on ASDReports
Monday 2 November 2015, Amsterdam
The report, now available on ASDReports recognizes the following companies as the key players in the Residential Stationary Generator Market in US: Briggs & Stratton, Caterpillar, Cummins, Generac and Kohler
Other Prominent Vendors in the market are: Indeck Power Equipment, MTU Onsite Energy, Multiquip, Perkins, and Stewart & Stevenson Power Products.
Commenting on the report, an analyst said: “Diesel generators produce more noise than gas generators and are not recommended for residential applications. Thus, many people have started adopting gas generators. This has led to an upsurge in the production of gas-powered generators, mostly due to gas extraction technologies such as drilling and fracking. Instead of investing in diesel generators, residential end-users are slowly preferring this type of generator as it frees them from the hassle of filling a generator with fuel periodically during a power outage.”
According to the report, the growing need for auxiliary power sources because of frequent power outages caused by natural disasters is expected to be one of the major drivers for the growth of the market during the forecast period. Residential consumers are increasingly relying on standby generators as their auxiliary power source because of increased frequency of power outages.
Further, the report states that increased adoption of portable generators among residential users hinders the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Residential Stationary Generator Market in the US 2015-2019
Publish date : October 2015
Report code : ASDR-226853
Pages : 74